PPF 7800 index hits highest funding level since 2011

Victoria Tichá
clock
PPF 7800 index hits highest funding level since 2011

The combined defined benefit (DB) funding level increased to 97.7% at the end of September, according to the Pension Protection Fund's (PPF) latest update.

This was an increase of 1.6 percentage points from 96.1% at the end of August, and the highest level recorded since June 2011, when it was 98.2%. The combined DB deficit decreased by £26.6bn over September...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Defined Benefit

Pension transfer activity hits lowest level since 2018

Pension transfer activity hits lowest level since 2018

The latest updates from the XPS transfer watch analysis

clock 24 January 2022 • 2 min read
Industry Voice: How member options can help schemes reach their endgame

Industry Voice: How member options can help schemes reach their endgame

Bulk exercises and member journey plans are increasingly being used, according to research from Aon and Professional Pensions

Gareth Jones
clock 20 January 2022 • 1 min read
PPF chief customer officer Sara Protheroe

'They know they're safe': How the PPF supports members

James Phillips speaks to Sara Protheroe about making a PPF transition a positive experience

James Phillips
clock 03 December 2021 • 12 min read
Trustpilot